Automotive 48V System Market
Automotive 48V System Market Study by Belt-Driven, Crankshaft-Mounted, Dual Clutch Transmission-Mounted, and Transmission Output Shaft from 2024 to 2034
Analysis of Automotive 48V System Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Automotive 48V System Market Outlook (2024 to 2034)
This latest study by Fact.MR reveals that the global automotive 48V system market size is set to accelerate to a value of US$ 24.98 billion by-end 2034, up from US$ 3.08 billion in 2024, expanding at a CAGR of 23.3% from 2024 to 2034.
The 48-volt DC electrical system, introduced in the 2010s, aims to enhance propulsion and battery recharge in internal combustion engine vehicles, especially mild hybrids, during braking to improve fuel efficiency. The market provides cost-effective opportunities for hybridization by enabling a wide range of vehicle functions, from improving engine performance to providing a growing number of electrical consumers with power functions.
Main goals of this system are to power electrical components categorized as high-power loads (such as air conditioning compressors, electrical heaters, pumps, and steering drives) and lower CO2 emissions through the use of recuperation and start-stop features. Thus, the introduction of 48-volt technology allows for more dynamic handling and performance by providing extra torque.
Key Market Growth Drivers
- Automotive 48-volt power systems have been around for a while and are mainly used to power large pumps and actuators in off-road vehicles and other specialized applications.
- The se systems are used to lower the currents needed to run electric superchargers, active suspension systems, and other power-hungry features in passenger cars and commercial vehicles during the last ten or so years.
- Manufacturers are becoming more interested in deploying 48 V to lower direct loads on the internal combustion engines of their vehicles due to growing regulatory pressure to increase fuel economy.
- Other high-power accessory systems, such as air conditioning, power steering, and coolant pumps, have been electrified to achieve this.
- Rising demand for electric and hybrid vehicles is one of the key automotive 48V system market trends.
- Electric vehicles (EVs) often utilize automotive 48V systems to power a variety of electrical components, including pumps, steering drives, lighting systems, electrical heaters, and air conditioning compressors.
- Another factor driving market growth is the increasing use of products to power auxiliary systems in cars, offering them mild hybrid functionality. This improves engine thermal performance, reduces emissions, improves fuel efficiency, and saves money.
- Sales of 48V systems are rising due to an increase in product applications that power high-end and cutting-edge safety features in cars, like adaptive cruise control, heated seats, infotainment systems, reverse cameras, road condition sensors, blind-spot monitoring, and motion detectors.
| Report Attributes | Details |
|---|---|
| Automotive 48V System Market Size (2024E) | US$ 3.08 Billion |
| Forecasted Market Value (2034F) | US$ 24.98 Billion |
| Global Market Growth Rate (2024 to 2034) | 23.3% CAGR |
| North America Market Share (2024E) | 35.38% |
| Crankshaft Mounted Market Share (2024E) | 31.6% |
| Luxury Level Vehicles Segment Value (2024E) | US$ 1.13 Billion |
| Key Companies Profiled |
|
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What is Key Factor Driving the Market for Automotive 48V Systems?
“Implementation of Government Initiatives to Promote Use of Electric Vehicles”
Widespread use of 48V systems in the development of self-driving cars to power energy-intensive components such as computers, cameras, and various sensors is driving market growth. Sales of these systems are also increasing due to the implementation of multiple initiatives by governments to encourage the adoption of EVs and subsequently reduce greenhouse gas emissions.
The industry is projected to expand due to several factors, such as growing environmental concerns, large investments made in research and development (R&D) activities, and the growing demand for fuel-efficient vehicles. The shift towards electric and hybrid vehicles is an additional factor propelling the market's expansion. One of the factors for the expansion of the automotive 48V system market size is the persistent demand for fuel efficiency.
What are the Hindrances to the Demand Growth for Automotive 48V Systems?
“High Initial Costs Associated with Automotive 48V Systems”
A 48V system is expensive to install in cars, discouraging certain car manufacturers from using it extensively. One such constraint is the need for infrastructure to support 48V systems, such as servicing and charging. Automotive 48V systems are still in the early stages of development, and their initial setup is costly.
Skilled technicians are required to detect and fix any problems that may occur with 48V systems in automobiles. Automotive 48V systems frequently require functioning in tandem with other vehicle systems, such as powertrains or the standard 12V electrical system. To ensure accurate integration, skilled professionals are required, and a lack of expertise can end up in compatibility issues. Therefore, a lack of specialized knowledge is projected to impede market growth.
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Country-wise Insights
The East Asia region occupies a significant (42.7%) automotive 48V system market share, which is only expected to increase due to high demand for cutting-edge automotive technologies such as 48V systems. This region also accounts for a significant proportion of the world's automobile production and sales. Government programs, environmental concerns, and technological advancements are also contributing to an increase in the demand for electric vehicles in this region.
What are the Key Drivers Behind Adoption of Automotive 48V Systems in the United States?
“Growing Emphasis on Hybridization for Fuel Economy”
| Attribute | United States |
|---|---|
| Market Value (2024E) | US$ 752.2 Million |
| Growth Rate (2024 to 2034) | 22.3% |
| Projected Value (2034F) | US$ 5.63 Billion |
Need for more effective power delivery and the rising electrical energy consumption of contemporary cars are the driving forces behind the switch to 48V systems in automobiles. The addition of 48V systems allows for hybridization, bringing greater fuel economy and reducing emissions to vehicles at a relatively low cost. The 48V system enables enhanced power delivery and the improves effectiveness of features such as window demisters and heated seats.
To reduce fuel consumption, the 2019 Dodge Ram 1500 pickup, for instance, has a mild hybrid setup. Ford and other major automobile manufacturers have been given access to Tesla's 48V implementation documentation, which is a leading EV manufacturer. This move is changing in a significant shift in how automakers wire, accessorize, and electrically engineer their vehicles.
How are Automakers Benefitting from Their Investments in China?
“Government Subsidies Promoting Widespread Adoption of EVs”
| Attribute | China |
|---|---|
| Market Value (2024E) | US$ 780.3 Million |
| Growth Rate (2024 to 2034) | 24.9% CAGR |
| Projected Value (2034F) | US$ 7.19 Billion |
Government subsidies promoting the adoption of electric vehicles are one of the factors contributing to automotive 48V system market growth in China. Chinese automobile manufacturers are adopting 48V electrical systems developed by international suppliers such as Continental AG, Delphi Automotive, Valeo SA, and Robert Bosch GmbH.
Category-wise Insights
Why is Belt-Driven Architecture Widely Adopted by Manufacturers?
“Affordability of Belt-driven Architecture Driving its Adoption”
| Attribute | Belt-Driven |
|---|---|
| Market Value (2024E) | US$ 978.3 Million |
| Market Share (2024) | 31.8% |
| Projected Value (2034F) | US$ 6.27 Billion |
The powertrain in mild hybrid vehicles is initially configured as belt-driven. Torque boost, regenerative braking, start-stop capability, power to the electric drive, compressors, and power steering are all efficiently provided by the belt-driven system. Automakers find the belt-driven system to be an appealing alternative due to its cost-effectiveness in comparison to alternative configurations. Due to these factors, the belt-driven segment is projected to expand at a significant pace over the forecast period.
Why Do Luxury Vehicles Hold a Significant Market Share?
“Higher Deployment of Infotainment Systems and Driver-Assistance Technology in Luxury Cars”
| Attribute | Luxury Vehicles |
|---|---|
| Market Value (2024E) | US$ 1.13 Billion |
| Market Share (2024) | 36.9% |
| Projected Value (2034F) | US$ 8.34 Billion |
The advanced features of luxury or modern cars, such as sophisticated infotainment systems, climate control devices, and driver-assistance computers, result in higher electric energy consumption. High-end cars are frequently the first to use new technologies, such as 48V systems. Advanced safety systems, infotainment systems, and electric turbochargers are just a few of the high-end features that can be found in luxury cars and are powered by these systems.
Know thy Competitors
Competitive landscape highlights only certain players
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Competitive Landscape
The key players in the automotive 48V system market are Robert Bosch GmbH, BorgWarner Inc, Dana Limited, CONTINENTAL AG, MAHLE GmbH, GKN (Melrose Industries PLC), Delphi Technologies, Magna International Inc., Lear Corporation, Valeo SA, Honda Motor Company, Hyundai Motor Company, and Ford Motors Company.
- The 48V hybrid powertrain, new 1.2-liter gasoline engine, and 28-horsepower electric motor in Vauxhall’s Corsa uses about 20% less fuel and emits 20% less CO2 compared to the petrol-powered variant of the company.
- BorgWarner Inc. has created one of the most extensive 48V technology portfolios for the luxury automobile market. It uses up to 20% less fuel, and its P2 on-axis hybrid module works with both automatic and manual transmission architectures and contributes to a peak efficiency of 95%.
Segmentation of Automotive 48V System Market Research
-
By Architecture :
- Belt-Driven
- Crankshaft-Mounted
- Dual-Clutch
- Transmission-Mounted
- Transmission Output Shaft
-
By Vehicle Category :
- Entry Level
- Mid-Premium Level
- Luxury
-
By Region :
- North America
- Europe
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 2.3. Inclusions/Exclusions 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Architecture modifications /Innovation 4. Key Success Factors 4.1. Strategic Developments 4.2. Key regulations 4.3. Architecture USPs /Technology 4.4. List of Manufacturers and Providers 5. Market Background 5.1. Macro-Economic Factors 5.1.1. Global GDP Outlook 5.1.2. Increasing R&D Expenditure 5.2. Forecast Factors - Relevance & Impact 5.2.1. New Architecture launches 5.2.2. Cost of Architectures 5.3. Market Dynamics 5.3.1. Drivers 5.3.2. Restraints 5.3.3. Opportunity Analysis 6. Global Market Volume (Units) Analysis 2018 to 2023 and Forecast, 2024 to 2034 6.1. Historical Market Volume (Units) Analysis, 2018 to 2023 6.2. Current and Future Market Volume (Units) Projections, 2024 to 2034 6.2.1. Y-o-Y Growth Trend Analysis 7. Global Market - Pricing Analysis 7.1. Regional Pricing Analysis By Architecture 7.2. Pricing Break-up 7.2.1. Manufacturer Level Pricing 7.2.2. Distributor Level Pricing 7.3. Global Average Pricing Analysis Benchmark 8. Global Market Value Analysis 2018 to 2023 and Forecast, 2024 to 2034 8.1. Historical Market Value (US$ Mn) Analysis, 2018 to 2023 8.2. Current and Future Market Value (US$ Mn) Projections, 2024 to 2034 8.2.1. Y-o-Y Growth Trend Analysis 8.2.2. Absolute $ Opportunity Analysis 9. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Architecture 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Mn) Analysis By Architecture, 2018 to 2023 9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Architecture, 2024 to 2034 9.3.1. Belt-Driven 9.3.2. Crankshaft-Mounted 9.3.3. Dual-Clutch 9.3.4. Transmission-Mounted 9.3.5. Transmission Output Shaft 9.4. Market Attractiveness Analysis By Architecture 10. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Vehicle Category 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) Analysis By Vehicle Category, 2018 to 2023 10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Vehicle Category, 2024 to 2034 10.3.1. Entry Level 10.3.2. Mid-Premium Level 10.3.3. Luxury 10.4. Market Attractiveness Analysis By Vehicle Category 11. Global Market Analysis 2018 to 2023 and Forecast 2024 to 2034, by Region 11.1. Introduction 11.2. Historical Market Size (US$ Mn) Analysis By Region, 2018 to 2023 11.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2024 to 2034 11.3.1. North America 11.3.2. Latin America 11.3.3. Europe 11.3.4. East Asia 11.3.5. South Asia 11.3.6. Oceania 11.3.7. Middle East and Africa (MEA) 11.4. Market Attractiveness Analysis By Region 12. North America Market Analysis 2018 to 2023 and Forecast 2024 to 2034 12.1. Introduction 12.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 12.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 12.3.1. By Country 12.3.1.1. U.S. 12.3.1.2. Canada 12.3.2. By Architecture 12.3.3. By Vehicle Category 12.4. Market Attractiveness Analysis 12.5. Key Market Participants - Intensity Mapping 12.6. Drivers and Restraints - Impact Analysis 13. Latin America Market Analysis 2018 to 2023 and Forecast 2024 to 2034 13.1. Introduction 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 13.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 13.3.1. By Country 13.3.1.1. Brazil 13.3.1.2. Mexico 13.3.1.3. Argentina 13.3.1.4. Rest of Latin America 13.3.2. By Architecture 13.3.3. By Vehicle Category 13.4. Market Attractiveness Analysis 13.5. Key Market Participants - Intensity Mapping 13.6. Drivers and Restraints - Impact Analysis 14. Europe Market Analysis 2018 to 2023 and Forecast 2024 to 2034 14.1. Introduction 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 14.3.1. By Country 14.3.1.1. Germany 14.3.1.2. Italy 14.3.1.3. France 14.3.1.4. U.K. 14.3.1.5. Spain 14.3.1.6. Russia 14.3.1.7. Rest of Europe 14.3.2. By Architecture 14.3.3. By Vehicle Category 14.4. Market Attractiveness Analysis 14.5. Key Market Participants - Intensity Mapping 14.6. Drivers and Restraints - Impact Analysis 15. South Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034 15.1. Introduction 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 15.3.1. By Country 15.3.1.1. India 15.3.1.2. Thailand 15.3.1.3. Indonesia 15.3.1.4. Malaysia 15.3.1.5. Rest of South Asia 15.3.2. By Architecture 15.3.3. By Vehicle Category 15.4. Market Attractiveness Analysis 15.5. Key Market Participants - Intensity Mapping 15.6. Drivers and Restraints - Impact Analysis 16. East Asia Market Analysis 2018 to 2023 and Forecast 2024 to 2034 16.1. Introduction 16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 16.3.1. By Country 16.3.1.1. China 16.3.1.2. Japan 16.3.1.3. South Korea 16.3.1.4. Rest of East Asia 16.3.2. By Architecture 16.3.3. By Vehicle Category 16.4. Market Attractiveness Analysis 16.5. Key Market Participants - Intensity Mapping 16.6. Drivers and Restraints - Impact Analysis 17. Oceania Market Analysis 2018 to 2023 and Forecast 2024 to 2034 17.1. Introduction 17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 17.3.1. By Country 17.3.1.1. Australia 17.3.1.2. New Zealand 17.3.2. By Architecture 17.3.3. By Vehicle Category 17.4. Market Attractiveness Analysis 17.5. Key Market Participants - Intensity Mapping 17.6. Drivers and Restraints - Impact Analysis 18. Middle East and Africa Market Analysis 2018 to 2023 and Forecast 2024 to 2034 18.1. Introduction 18.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2018 to 2023 18.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2024 to 2034 18.3.1. By Country 18.3.1.1. GCC Countries 18.3.1.2. South Africa 18.3.1.3. Rest of Middle East and Africa 18.3.2. By Architecture 18.3.3. By Vehicle Category 18.4. Market Attractiveness Analysis 18.5. Drivers and Restraints - Impact Analysis 19. Key and Emerging Countries Market Analysis 2018 to 2023 and Forecast 2024 to 2034 19.1. Introduction 19.1.1. Market Value Proportion Analysis, By Key Countries 19.1.2. Global Vs. Country Growth Comparison 19.2. U.S. Market Analysis 19.2.1. By Architecture 19.2.2. By Vehicle Category 19.3. Canada Market Analysis 19.3.1. By Architecture 19.3.2. By Vehicle Category 19.4. Mexico Market Analysis 19.4.1. By Architecture 19.4.2. By Vehicle Category 19.5. Brazil Market Analysis 19.5.1. By Architecture 19.5.2. By Vehicle Category 19.6. U.K. Market Analysis 19.6.1. By Architecture 19.6.2. By Vehicle Category 19.7. Germany Market Analysis 19.7.1. By Architecture 19.7.2. By Vehicle Category 19.8. France Market Analysis 19.8.1. By Architecture 19.8.2. By Vehicle Category 19.9. Italy Market Analysis 19.9.1. By Architecture 19.9.2. By Vehicle Category 19.10. Spain Market Analysis 19.10.1. By Architecture 19.10.2. By Vehicle Category 19.11. BENELUX Market Analysis 19.11.1. By Architecture 19.11.2. By Vehicle Category 19.12. Russia Market Analysis 19.12.1. By Architecture 19.12.2. By Vehicle Category 19.13. China Market Analysis 19.13.1. By Architecture 19.13.2. By Vehicle Category 19.14. Japan Market Analysis 19.14.1. By Architecture 19.14.2. By Vehicle Category 19.15. South Korea Market Analysis 19.15.1. By Architecture 19.15.2. By Vehicle Category 19.16. India Market Analysis 19.16.1. By Architecture 19.16.2. By Vehicle Category 19.17. ASEAN Market Analysis 19.17.1. By Architecture 19.17.2. By Vehicle Category 19.18. Australia Market Analysis 19.18.1. By Architecture 19.18.2. By Vehicle Category 19.19. New Zealand Market Analysis 19.19.1. By Architecture 19.19.2. By Vehicle Category 19.20. GCC Countries Market Analysis 19.20.1. By Architecture 19.20.2. By Vehicle Category 19.21. Turkey Market Analysis 19.21.1. By Architecture 19.21.2. By Vehicle Category 19.22. South Africa Market Analysis 19.22.1. By Architecture 19.22.2. By Vehicle Category 20. Market Structure Analysis 20.1. Market Analysis by Tier of Companies 20.2. Market Concentration 20.3. Market Share Analysis of Top Players 20.4. Market Presence Analysis 20.4.1. By Regional footprint of Players 20.4.2. Architecture foot print by Players 20.4.3. Channel Foot Print by Players 21. Competition Analysis 21.1. Competition Dashboard 21.2. Competition Benchmarking 21.3. Competition Deep dive 21.3.1. Robert Bosch GmbH 21.3.1.1. Overview 21.3.1.2. Architecture Portfolio 21.3.1.3. Profitability by Market Segments (Architecture/Channel/Region) 21.3.1.4. Sales Footprint 21.3.1.5. Strategy Overview 21.3.2. BorgWarner Inc. 21.3.2.1. Overview 21.3.2.2. Architecture Portfolio 21.3.2.3. Profitability by Market Segments (Architecture/Channel/Region) 21.3.2.4. Sales Footprint 21.3.2.5. Strategy Overview 21.3.3. Dana Limited 21.3.3.1. Overview 21.3.3.2. Architecture Portfolio 21.3.3.3. Profitability by Market Segments (Architecture/Channel/Region) 21.3.3.4. Sales Footprint 21.3.3.5. Strategy Overview 21.3.4. Continental AG 21.3.4.1. Overview 21.3.4.2. Architecture Portfolio 21.3.4.3. Profitability by Market Segments (Architecture/Channel/Region) 21.3.4.4. Sales Footprint 21.3.4.5. Strategy Overview 21.3.5. MAHLE GmbH 21.3.5.1. Overview 21.3.5.2. Architecture Portfolio 21.3.5.3. Profitability by Market Segments (Architecture/Channel/Region) 21.3.5.4. Sales Footprint 21.3.5.5. Strategy Overview 21.3.6. GKN (Melrose Industries PLC) 21.3.6.1. Overview 21.3.6.2. Architecture Portfolio 21.3.6.3. Profitability by Market Segments (Architecture/Channel/Region) 21.3.6.4. Sales Footprint 21.3.6.5. Strategy Overview 21.3.7. Delphi Technologies 21.3.7.1. Overview 21.3.7.2. Architecture Portfolio 21.3.7.3. Profitability by Market Segments (Architecture/Channel/Region) 21.3.7.4. Sales Footprint 21.3.7.5. Strategy Overview 21.3.8. Magna International Inc. 21.3.8.1. Overview 21.3.8.2. Architecture Portfolio 21.3.8.3. Profitability by Market Segments (Architecture/Channel/Region) 21.3.8.4. Sales Footprint 21.3.8.5. Strategy Overview 21.3.9. Lear Corporation 21.3.9.1. Overview 21.3.9.2. Architecture Portfolio 21.3.9.3. Profitability by Market Segments (Architecture/Channel/Region) 21.3.9.4. Sales Footprint 21.3.9.5. Strategy Overview 21.3.10. Valeo SA 21.3.10.1. Overview 21.3.10.2. Architecture Portfolio 21.3.10.3. Profitability by Market Segments (Architecture/Channel/Region) 21.3.10.4. Sales Footprint 21.3.10.5. Strategy Overview 21.3.11. Honda Motor Company 21.3.11.1. Overview 21.3.11.2. Architecture Portfolio 21.3.11.3. Profitability by Market Segments (Architecture/Channel/Region) 21.3.11.4. Sales Footprint 21.3.11.5. Strategy Overview 21.3.12. Hyundai Motor Company 21.3.12.1. Overview 21.3.12.2. Architecture Portfolio 21.3.12.3. Profitability by Market Segments (Architecture/Channel/Region) 21.3.12.4. Sales Footprint 21.3.12.5. Strategy Overview 21.3.13. Ford Motors Company 21.3.13.1. Overview 21.3.13.2. Architecture Portfolio 21.3.13.3. Profitability by Market Segments (Architecture/Channel/Region) 21.3.13.4. Sales Footprint 21.3.13.5. Strategy Overview 22. ssumptions and Acronyms Used 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2018 to 2034, By Architecture
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Architecture
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Vehicle Category
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Architecture
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Vehicle Category
Table 08: Latin America Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Architecture
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Vehicle Category
Table 11: Europe Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Architecture
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Vehicle Category
Table 14: South Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Architecture
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Vehicle Category
Table 17: East Asia Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Architecture
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Vehicle Category
Table 20: Oceania Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Architecture
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Vehicle Category
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2018 to 2023 and Forecast 2024 to 2034, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Architecture
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2018 to 2034, By Vehicle Category
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2018 to 2023
Figure 02: Global Market Volume Forecast (in 000' Units), 2024 to 2034
Figure 03: Pricing Analysis (US$) Per Architecture, By Region, 2023
Figure 04: Pricing Analysis (US$) Per Architecture, By Region, 2023
Figure 05: Global Market Value Analysis (US$ Mn), 2018 to 2023
Figure 06: Global Market Value Forecast (US$ Mn), 2024 to 2034
Figure 07: Global Market Absolute $ Opportunity, 2024 to 2034
Figure 08: Global Market Share Analysis (%), By Architecture, 2024 to 2034
Figure 09: Global Market Y-o-Y Analysis (%), By Architecture, 2024 to 2034
Figure 10: Global Market Attractiveness Analysis by Architecture, 2024 to 2034
Figure 11: Global Market Share Analysis (%), By Vehicle Category, 2024 to 2034
Figure 12: Global Market Y-o-Y Analysis (%), By Vehicle Category, 2024 to 2034
Figure 13: Global Market Attractiveness Analysis by Vehicle Category, 2024 to 2034
Figure 14: Global Market Share Analysis (%), By Region, 2024 to 2034
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2024 to 2034
Figure 16: Global Market Attractiveness Analysis by Region, 2024 to 2034
Figure 17: North America Market Value Share, By Architecture, 2024 (E)
Figure 18: North America Market Value Share, By Vehicle Category, 2024 (E)
Figure 19: North America Market Value Share, By Country, 2024 (E)
Figure 20: North America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 21: North America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 22: North America Market Attractiveness Analysis by Architecture, 2024 to 2034
Figure 23: North America Market Attractiveness Analysis by Vehicle Category, 2024 to 2034
Figure 24: North America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 25: Latin America Market Value Share, By Architecture, 2024 (E)
Figure 26: Latin America Market Value Share, By Vehicle Category, 2024 (E)
Figure 27: Latin America Market Value Share, By Country, 2024 (E)
Figure 28: Latin America Market Value Analysis (US$ Mn), 2018 to 2023
Figure 29: Latin America Market Value Forecast (US$ Mn), 2024 to 2034
Figure 30: Latin America Market Attractiveness Analysis by Architecture, 2024 to 2034
Figure 31: Latin America Market Attractiveness Analysis by Vehicle Category, 2024 to 2034
Figure 32: Latin America Market Attractiveness Analysis by Country, 2024 to 2034
Figure 33: Europe Market Value Share, By Architecture, 2024 (E)
Figure 34: Europe Market Value Share, By Vehicle Category, 2024 (E)
Figure 35: Europe Market Value Share, By Country, 2024 (E)
Figure 36: Europe Market Value Analysis (US$ Mn), 2018 to 2023
Figure 37: Europe Market Value Forecast (US$ Mn), 2024 to 2034
Figure 38: Europe Market Attractiveness Analysis by Architecture, 2024 to 2034
Figure 39: Europe Market Attractiveness Analysis by Vehicle Category, 2024 to 2034
Figure 40: Europe Market Attractiveness Analysis by Country, 2024 to 2034
Figure 41: South Asia Market Value Share, By Architecture, 2024 (E)
Figure 42: South Asia Market Value Share, By Vehicle Category, 2024 (E)
Figure 43: South Asia Market Value Share, By Country, 2024 (E)
Figure 44: South Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 45: South Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 46: South Asia Market Attractiveness Analysis by Architecture, 2024 to 2034
Figure 47: South Asia Market Attractiveness Analysis by Vehicle Category, 2024 to 2034
Figure 48: South Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 49: East Asia Market Value Share, By Architecture, 2024 (E)
Figure 50: East Asia Market Value Share, By Vehicle Category, 2024 (E)
Figure 51: East Asia Market Value Share, By Country, 2024 (E)
Figure 52: East Asia Market Value Analysis (US$ Mn), 2018 to 2023
Figure 53: East Asia Market Value Forecast (US$ Mn), 2024 to 2034
Figure 54: East Asia Market Attractiveness Analysis by Architecture, 2024 to 2034
Figure 55: East Asia Market Attractiveness Analysis by Vehicle Category, 2024 to 2034
Figure 56: East Asia Market Attractiveness Analysis by Country, 2024 to 2034
Figure 57: Oceania Market Value Share, By Architecture, 2024 (E)
Figure 58: Oceania Market Value Share, By Vehicle Category, 2024 (E)
Figure 59: Oceania Market Value Share, By Country, 2024 (E)
Figure 60: Oceania Market Value Analysis (US$ Mn), 2018 to 2023
Figure 61: Oceania Market Value Forecast (US$ Mn), 2024 to 2034
Figure 62: Oceania Market Attractiveness Analysis by Architecture, 2024 to 2034
Figure 63: Oceania Market Attractiveness Analysis by Vehicle Category, 2024 to 2034
Figure 64: Oceania Market Attractiveness Analysis by Country, 2024 to 2034
Figure 65: Middle East and Africa Market Value Share, By Architecture, 2024 (E)
Figure 66: Middle East and Africa Market Value Share, By Vehicle Category, 2024 (E)
Figure 67: Middle East and Africa Market Value Share, By Country, 2024 (E)
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2018 to 2023
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2024 to 2034
Figure 70: Middle East and Africa Market Attractiveness Analysis by Architecture, 2024 to 2034
Figure 71: Middle East and Africa Market Attractiveness Analysis by Vehicle Category, 2024 to 2034
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2024 to 2034
Figure 73: UNITED STATES Market Value Analysis (US$ Mn), 2024 & 2034
Figure 74: UNITED STATES Market Value Share, By Architecture, 2024 (E)
Figure 75: UNITED STATES Market Value Share, By Vehicle Category, 2024 (E)
Figure 76: Canada Market Value Analysis (US$ Mn), 2024 & 2034
Figure 77: Canada Market Value Share, By Architecture, 2024 (E)
Figure 78: Canada Market Value Share, By Vehicle Category, 2024 (E)
Figure 79: Mexico Market Value Analysis (US$ Mn), 2024 & 2034
Figure 80: Mexico Market Value Share, By Architecture, 2024 (E)
Figure 81: Mexico Market Value Share, By Vehicle Category, 2024 (E)
Figure 82: Brazil Market Value Analysis (US$ Mn), 2024 & 2034
Figure 83: Brazil Market Value Share, By Architecture, 2024 (E)
Figure 84: Brazil Market Value Share, By Vehicle Category, 2024 (E)
Figure 85: UNITED KINGDOM Market Value Analysis (US$ Mn), 2024 & 2034
Figure 86: UNITED KINGDOM Market Value Share, By Architecture, 2024 (E)
Figure 87: UNITED KINGDOM Market Value Share, By Vehicle Category, 2024 (E)
Figure 88: Germany Market Value Analysis (US$ Mn), 2024 & 2034
Figure 89: Germany Market Value Share, By Architecture, 2024 (E)
Figure 90: Germany Market Value Share, By Vehicle Category, 2024 (E)
Figure 91: France Market Value Analysis (US$ Mn), 2024 & 2034
Figure 92: France Market Value Share, By Architecture, 2024 (E)
Figure 93: France Market Value Share, By Vehicle Category, 2024 (E)
Figure 94: Italy Market Value Analysis (US$ Mn), 2024 & 2034
Figure 95: Italy Market Value Share, By Architecture, 2024 (E)
Figure 96: Italy Market Value Share, By Vehicle Category, 2024 (E)
Figure 97: Spain Market Value Analysis (US$ Mn), 2024 & 2034
Figure 98: Spain Market Value Share, By Architecture, 2024 (E)
Figure 99: Spain Market Value Share, By Vehicle Category, 2024 (E)
Figure 100: Russia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 101: Russia Market Value Share, By Architecture, 2024 (E)
Figure 102: Russia Market Value Share, By Vehicle Category, 2024 (E)
Figure 103: China Market Value Analysis (US$ Mn), 2024 & 2034
Figure 104: China Market Value Share, By Architecture, 2024 (E)
Figure 105: China Market Value Share, By Vehicle Category, 2024 (E)
Figure 106: Japan Market Value Analysis (US$ Mn), 2024 & 2034
Figure 107: Japan Market Value Share, By Architecture, 2024 (E)
Figure 108: Japan Market Value Share, By Vehicle Category, 2024 (E)
Figure 109: South Korea Market Value Analysis (US$ Mn), 2024 & 2034
Figure 110: South Korea Market Value Share, By Architecture, 2024 (E)
Figure 111: South Korea Market Value Share, By Vehicle Category, 2024 (E)
Figure 112: India Market Value Analysis (US$ Mn), 2024 & 2034
Figure 113: India Market Value Share, By Architecture, 2024 (E)
Figure 114: India Market Value Share, By Vehicle Category, 2024 (E)
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2024 & 2034
Figure 116: ASEAN Market Value Share, By Architecture, 2024 (E)
Figure 117: ASEAN Market Value Share, By Vehicle Category, 2024 (E)
Figure 118: Australia Market Value Analysis (US$ Mn), 2024 & 2034
Figure 119: Australia Market Value Share, By Architecture, 2024 (E)
Figure 120: Australia Market Value Share, By Vehicle Category, 2024 (E)
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2024 & 2034
Figure 122: New Zealand Market Value Share, By Architecture, 2024 (E)
Figure 123: New Zealand Market Value Share, By Vehicle Category, 2024 (E)
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2024 & 2034
Figure 125: GCC Countries Market Value Share, By Architecture, 2024 (E)
Figure 126: GCC Countries Market Value Share, By Vehicle Category, 2024 (E)
Figure 127: Turkey Market Value Analysis (US$ Mn), 2024 & 2034
Figure 128: Turkey Market Value Share, By Architecture, 2024 (E)
Figure 129: Turkey Market Value Share, By Vehicle Category, 2024 (E)
Figure 130: South Africa Market Value Analysis (US$ Mn), 2024 & 2034
Figure 131: South Africa Market Value Share, By Architecture, 2024 (E)
Figure 132: South Africa Market Value Share, By Vehicle Category, 2024 (E)
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- FAQs -
How big is the automotive 48V system market in 2024?
The global automotive 48V system market is estimated to reach US$ 3.08 billion in 2024.
Which country has a leading market share for automotive 48V systems?
The market in China is estimated to reach a size of US$ 780.3 million in 2024.
What is the estimated market size of the United States for 2034?
The market in the United States is forecasted to reach US$ 5.63 billion by the end of 2034.
Which type of vehicle accounts for significant market share?
The luxury-level vehicles segment is estimated to reach US$ 1.13 billion in 2024.
How much do belt-driven systems account for in this market?
Sales of belt-driven systems are estimated to reach US$ 978.3 million in 2024.
What are the projections for the market in Japan?
The market in Japan has been forecasted to advance at 24.5% CAGR and reach US$ 2.92 billion by 2034.
Automotive 48V System Market